IMMO BICE: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
IMMO BICE
Largest movements
- Current investments -€150,000
down €150,000 (-50.0%), from €300,000 to €150,000
- Cash +€120,762
up €120,762 (+185.9%), from €64,969 to €185,731
mainly Other debts (+€150,156) and Current investments (+€150,000)
- Reserves -€195,500
down €195,500 (-66.3%), from €295,036 to €99,536
of which Distributable reserves: -€195,500
- Other debts +€150,156
up €150,156 (+276.9%), from €54,231 to €204,387
- Tax, wage and social debts +€16,975
up €16,975 (+388.1%), from €4,373 to €21,348
- Taxes -€5,632
down €5,632 (-47.9%), from €11,753 to €6,121
- Financial income -€1,837
down €1,837 (-21.4%), from €8,565 to €6,728
- Gross operating margin +€1,322
up €1,322 (+5.2%), from €25,216 to €26,538
- Other operating charges -€750
down €750 (-14.3%), from €5,232 to €4,482
- Depreciation -€673
no longer reported in 2025 (was €673)
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €398,801 | €369,580 | -€29,221 | -7.3% |
| Fixed assets | 21/28 | €29,157 | €28,483 | -€673 | -2.3% |
| Tangible fixed assets | 22/27 | €29,157 | €28,483 | -€673 | -2.3% |
| Land and buildings | 22 | €28,483 | €28,483 | = | 0.0% |
| Furniture and vehicles | 24 | €673 | €0 | -€673 | -100.0% |
| Current assets | 29/58 | €369,644 | €341,097 | -€28,547 | -7.7% |
| Amounts receivable within one year | 40/41 | €3,808 | €1,204 | -€2,604 | -68.4% |
| Trade receivables | 40 | €3,704 | €258 | -€3,446 | -93.0% |
| Other amounts receivable | 41 | €105 | €946 | +€842 | +805.2% |
| Current investments | 50/53 | €300,000 | €150,000 | -€150,000 | -50.0% |
| Cash at bank and in hand | 54/58 | €64,969 | €185,731 | +€120,762 | +185.9% |
| Deferred charges and accrued income | 490/1 | €866 | €4,162 | +€3,295 | +380.3% |
| Total equity and liabilities | 10/49 | €398,801 | €369,580 | -€29,221 | -7.3% |
| Equity | 10/15 | €337,947 | €143,010 | -€194,937 | -57.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €295,036 | €99,536 | -€195,500 | -66.3% |
| Non-distributable reserves | 130/1 | €16,440 | €16,440 | = | 0.0% |
| Reserves not available under the articles | 1311 | €16,440 | €16,440 | = | 0.0% |
| Distributable reserves | 133 | €278,596 | €83,096 | -€195,500 | -70.2% |
| Profit (loss) carried forward | 14 | €22,690 | €23,253 | +€563 | +2.5% |
| Investment grants | 15 | €1,621 | €1,621 | = | 0.0% |
| Provisions and deferred taxes | 16 | €657 | €657 | = | 0.0% |
| Deferred taxes | 168 | €657 | €657 | = | 0.0% |
| Amounts payable | 17/49 | €60,196 | €225,913 | +€165,717 | +275.3% |
| Amounts payable within one year | 42/48 | €60,196 | €225,913 | +€165,717 | +275.3% |
| Trade debts | 44 | €1,592 | €178 | -€1,414 | -88.8% |
| Suppliers | 440/4 | €1,592 | €178 | -€1,414 | -88.8% |
| Taxes, remuneration and social security | 45 | €4,373 | €21,348 | +€16,975 | +388.1% |
| Taxes | 450/3 | €4,373 | €21,348 | +€16,975 | +388.1% |
| Other amounts payable | 47/48 | €54,231 | €204,387 | +€150,156 | +276.9% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €673 | - | -€673 | |
| Other operating charges | 640/8 | €5,232 | €4,482 | -€750 | -14.3% |
| Gross operating margin | 9900 | €25,216 | €26,538 | +€1,322 | +5.2% |
| Operating profit (loss) | 9901 | €19,311 | €22,056 | +€2,744 | +14.2% |
| Financial income | 75/76B | €8,565 | €6,728 | -€1,837 | -21.4% |
| Recurring financial income | 75 | €8,565 | €6,728 | -€1,837 | -21.4% |
| Financial charges | 65/66B | €51 | €101 | +€50 | +99.1% |
| Recurring financial charges | 65 | €51 | €101 | +€50 | +99.1% |
| Profit (loss) for the period before taxes | 9903 | €27,826 | €28,683 | +€858 | +3.1% |
| Income taxes | 67/77 | €11,753 | €6,121 | -€5,632 | -47.9% |
| Profit (loss) for the period | 9904 | €16,073 | €22,563 | +€6,490 | +40.4% |
| Profit (loss) for the period to be appropriated | 9905 | €16,073 | €22,563 | +€6,490 | +40.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.